Turkey - Paints And Varnishes, Based On Acrylic Or Vinyl Polymers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey - 2023
Contents:
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (FOB) - 2023
- Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (CIF) - 2023
- Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey
- Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (FOB) - 2023
The average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $1,608 per ton in November 2023, with an increase of 6.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 14% month-to-month. As a result, the export price attained the peak level of $1,856 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Russia ($2,688 per ton), while the average price for exports to Maldives ($1,159 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (CIF) - 2023
The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $3,887 per ton in November 2023, jumping by 19% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($21,441 per ton), while the price for Cyprus ($933 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey
For the fourth consecutive year, Turkey recorded growth in shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 116% to 98K tons in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium skyrocketed to $137M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iraq | 18.1 | 18.6 | 19.6 | 41.9 | 32.3% |
Russia | 0.5 | 0.8 | 0.6 | 11.9 | 187.6% |
Georgia | 5.4 | 4.5 | 4.8 | 10.1 | 23.2% |
France | 5.3 | 4.6 | 5.1 | 8.4 | 16.6% |
Uzbekistan | 1.6 | 1.9 | 2.8 | 6.5 | 59.6% |
Cyprus | 2.3 | 2.4 | 2.8 | 6.2 | 39.2% |
Turkmenistan | 1.3 | 1.7 | 2.0 | 5.8 | 64.6% |
Romania | 2.2 | 3.1 | 5.2 | 5.6 | 36.5% |
Azerbaijan | 2.6 | 2.4 | 2.6 | 5.3 | 26.8% |
Iran | 0.4 | 2.1 | 1.9 | 4.8 | 128.9% |
Algeria | 0.6 | 0.8 | 0.7 | 2.3 | 56.5% |
Nigeria | 1.4 | 1.1 | 0.4 | 1.5 | 2.3% |
Others | 8.1 | 9.9 | 11.1 | 26.6 | 48.6% |
Total | 49.8 | 53.8 | 59.5 | 137 | 40.1% |
Top Export Markets for Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium from Turkey in 2022:
- Iraq (35.2K tons)
- Russia (9.3K tons)
- Georgia (7.8K tons)
- Turkmenistan (4.8K tons)
- Romania (4.7K tons)
- Cyprus (4.5K tons)
- Azerbaijan (3.6K tons)
- Uzbekistan (3.3K tons)
- France (3.1K tons)
- Iran (3.0K tons)
- Algeria (1.5K tons)
- Nigeria (1.0K tons)
Imports of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey
For the fourth consecutive year, Turkey recorded growth in supplies from abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, which increased by 155% to 28K tons in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium surged to $81M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.9 | 14.7 | 16.9 | 39.4 | 49.0% |
Italy | 1.6 | 1.6 | 2.7 | 9.2 | 79.2% |
Netherlands | 3.3 | 3.4 | 2.3 | 6.2 | 23.4% |
Cyprus | N/A | 0.5 | 1.3 | 3.4 | 160.8% |
United Kingdom | 1.0 | 0.8 | 0.8 | 3.1 | 45.8% |
Poland | 0.1 | 0.2 | 0.3 | 2.0 | 171.4% |
Austria | 0.2 | 0.1 | 0.5 | 1.2 | 81.7% |
South Korea | 0.5 | 0.3 | 0.3 | 1.2 | 33.9% |
Others | 5.3 | 5.2 | 5.6 | 15.3 | 42.4% |
Total | 23.9 | 26.7 | 30.8 | 81.1 | 50.3% |
Top Suppliers of Paints and Varnishes, Based On Acrylic or Vinyl Polymers, Aqueous Medium to Turkey in 2022:
- Germany (14.3K tons)
- Cyprus (4.2K tons)
- Netherlands (2.1K tons)
- Italy (1.6K tons)
- United Kingdom (1.2K tons)
- Poland (0.9K tons)
- Austria (0.8K tons)
- South Korea (0.7K tons)
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Turkey.
This report provides an in-depth analysis of the paint and varnish market in Turkey.
This report provides an in-depth analysis of the market for aqueous paint and varnish in Turkey.
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This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
This report provides an in-depth analysis of the global paint and varnish market.
This report provides an in-depth analysis of the global market for aqueous paint and varnish.
This report provides an in-depth analysis of the global market for metal spiral or discs spring.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Turkey.
This report provides an in-depth analysis of the paint and varnish market in Turkey.
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Explore the top import markets for paint and varnish worldwide, including China, Canada, Germany, and more. Discover key statistics, import values, and growth potential. Leverage the IndexBox market intelligence platform for in-depth analysis and insights.
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...
Global paint and varnish imports amounted to X tons in 2016, standing approx. at the previous year level. Overall, paint and varnish imports continue to indicate a relatively flat trend pattern. ...